The current monthly candle for $ETH is exceptionally strong and green, indicating a significant influx of capital and renewed bullish sentiment over the long term. This sustained push confirms a robust recovery from previous lows and a clear long-term uptrend.

$ETH is majestically navigating its long-term trajectory, with its monthly chart painting a picture of resolute strength as it approaches critical historical resistance levels. The current price action signifies a powerful resurgence, setting the stage for Ethereum to challenge and potentially surpass its previous all-time high.